South Korea's new finance minister, Choi Kyung-hwan, is expected to speed up reforms. Photo: BloombergSouth Korea's new finance minister, Choi Kyung-hwan, is expected to speed up reforms. Photo: Bloomberg
South Korea's new finance minister, Choi Kyung-hwan, is expected to speed up reforms. Photo: Bloomberg

South Korean finance chiefs fuel hopes for cut in interest rates

South Korea's new minister and central bank head talk up need for growth, raising prospects of a drop in borrowing costs to buoy economy

South Korea's new finance minister, Choi Kyung-hwan, is expected to speed up reforms. Photo: BloombergSouth Korea's new finance minister, Choi Kyung-hwan, is expected to speed up reforms. Photo: Bloomberg
South Korea's new finance minister, Choi Kyung-hwan, is expected to speed up reforms. Photo: Bloomberg
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